Originally Posted by
mooseinmass
...Going to try getting the freewheel cleaned up/oiled and hopefully it's a keeper....
One thing that I've done that has worked for me but you have to be sort of careful is I've taken a bike like this that needs cleaning over to the self-serve car wash and used the high pressure washer on it. The risk that you run is that you can get water into places that you don't intend, which might not be such a good thing. However, if you're giving the whole thing an overhaul anyway, you might be able to get everything dried out.